Grand News Network | August 20, 2024

Crypto Industry Sees Women Earning Higher Median Salaries Than Men

Crypto Industry Sees Women Earning Higher Median Salaries Than Men

But according to a survey that was conducted recently, the ladies in crypto earn 13.9% more than men on a median salary basis which has sparked what is referred to as the ‘reversed’ gender wage gap.

Full-time working women in the crypto industry in the United States earned a median of $172,000 compared to men, who earned $150,000, a compensation study by Pantera Research Lab showed.

“Thus, based on the information obtained, it can be concluded that, for example, the gender wage differentials among crypto employees are quite the opposite to what experts are used to,” Pantera’s researchers Matt Stephenson, Ally Zach, and Nick Zurck noted in their update on July 29.

Women at non-crypto companies primarily only make $0. Down to $0.84 for every dollar the men make, the researchers at the venture capital firm specializing in digital assets added.

“The wages in crypto are not too low and not too high, which indicates that there is a shift towards better gender equality in this still rather young industry. ”

Crypto Industry Sees Women Earning Higher Median Salaries Than Men
Median base salaries between male and female employees. Source: Pantera Research

Pantera gathered the data from 502 full-time employees in the United States from June 4 to July 20 of the year 2024.

The online questionnaire was distributed through professional sites like linked in, x, through newsletters and e-mails.

The higher salaries for women may partly be due to women having more work experience at crypto companies where the median time frame is 5 years. Three years as opposed to four. 5 years for men.

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